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Article: 7,500 GM hourly employees accept buyouts
- Article from:
- Xinhua News Agency
- Article date:
- March 26, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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7,500 GM hourly employees accept buyouts
CHICAGO, March 26 (Xinhua) -- General Motors said on Thursday
that 7,500 hourly employees, about 12 percent of the automaker's U.
S. hourly work force of 62,400, have accepted buyout offers and most
of them will leave the company no later than April 1, 2009.
GM indicated it will fill job openings with current employees
whenever possible. In facilities where new employees are needed, GM
will hire individuals at the entry-level wage and benefit structure.
The extent of the new hiring at each facility will be determined on
a plant-by-plant basis.
Those buyout employees represented by United Auto Workers (UAW)
will be offered 20,000 U.S. dollars cash ...